China as a reserve sink: The evidence from offset and sterilization coefficients [0.03%]
中国作为储备吸收国的证据:基于冲销与抵消系数的视角
Alice Y Ouyang,Ramkishen S Rajan,Thomas D Willett
Alice Y Ouyang
China has been stockpiling international reserves at an extremely rapid pace since the late 1990s and has surpassed Japan to become the largest reserve holder in the world. This paper undertakes an empirical investigation to assess the exte...
Short-selling constraints as cause for price distortions: An experimental study [0.03%]
做空限制引起价格扭曲:一项实证研究
Florian Hauser,Jürgen Huber
Florian Hauser
In this paper we explore the influence of the possibility to short stocks and/or borrow money in laboratory markets. A key innovation of our study is that subjects can simultaneously trade two risky assets on two double-auction markets, all...